Bankruptcy exemptions

Exemptions are the legal mechanisms by which a debtor (the person filing the bankruptcy) can protect their property from their creditors.  The federal government and every state each have their… Read more »

no comments

Rogue of the week 4.17.14

Some attorneys will do anything to win.  Lie, cheat, steal.  In this case, the attorney took it up a notch.  Faced with a guilty client and a better attorney, he… Read more »

no comments

Gifts in bankruptcy

There is a general rule that gifts to family in excess of $200 do not need to be reported in bankruptcy if they were made a year and a day… Read more »

no comments

Greedy Interim Trustees

Interim trustees are meant to oversee the orderly liquidation of assets in an estate, balancing the rights of the creditors with that of the debtor. However, as they receive a… Read more »

no comments